If you don’t recognize either of the (2) terms above then odds are you don’t need either one added to your auto insurance.
Both are certificates of financial responsibility that may be required by Virginia DMV. Typically an SR-22 form is required when a driver has had their license suspended due to driving without insurance, failure to pay fines, revoked license, or other relation incidents. An FR-44 is typically required for incidents such as a DUI or other drug related charges.
Neither of these forms are a type of insurance—they’re simply forms that DMV requires you to carry for insurance monitoring. And to guarantee authenticity, SR-22 and FR-44 forms must come straight from your auto insurance provider. The only difference in these forms is that an FR-44 requires double the state minimum liability coverage, or $50,000 each person/$100,000 per accident/$40,000 property damage to others (50/100/40).
Your situation with Virginia DMV determines the length of time each form will be required. An SR-22 is commonly required for a minimum of 3 years and a FR-44 for 5 years.
If there is no vehicle registered under your name Virginia DMV may require either form on your license. In this situation, you can get an auto insurance policy without a vehicle. When you get a vehicle, your SR-22 or FR-44 will need to be added to your insurance policy with the appropriate form filed before you can register the vehicle with Virginia DMV.
Need an SR-22 or FR-44? We can help.
Not every insurance carrier offers these forms. However, our Family of Independent Agents represent multiple carriers instead of working for a single company. This means that we can help with your SR-22 or FR-44 filing.
Contact us today and see how we can help.